CF Industries Holdings, Inc. (CF) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
CF Revenue Growth
Revenue Breakdown (FY 2025)
CF's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
CF Revenue Analysis (2014–2025)
As of May 8, 2026, CF Industries Holdings, Inc. (CF) generated trailing twelve-month (TTM) revenue of $7.41 billion, reflecting strong growth of +19.4% year-over-year. The most recent quarter (Q1 2026) recorded $1.99 billion in revenue, up 6.1% sequentially.
Looking at the longer-term picture, CF's 5-year compound annual growth rate (CAGR) stands at +11.4%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $11.19 billion in 2022.
Revenue diversification analysis shows CF's business is primarily driven by Ammonia (33%), UAN (33%), and Urea (27%).
When compared to Basic Materials sector peers including MOS (+5.0% YoY), NTR (+3.6% YoY), and UAN (+19.0% YoY), CF has outperformed the peer group in terms of revenue growth. Compare CF vs MOS →
CF Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CFCurrent | $7.4B | +19.4% | +11.4% | 33.4% | |
 MOS | $11.7B | +5.0% | +6.1% | 9.9% | |
 NTR | $27.4B | +3.6% | +5.5% | 14.5% | |
 UAN | $606M | +19.0% | +11.6% | 21.4% | |
 ANDE | $11.0B | -2.0% | +6.4% | 1.2% | |
 ICL | $7.2B | +1.8% | +7.2% | 9.8% |
CF Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $7.08B | +19.3% | $2.72B | 38.5% | $2.37B | 33.4% |
| 2024 | $5.94B | -10.5% | $2.06B | 34.6% | $1.75B | 29.4% |
| 2023 | $6.63B | -40.7% | $2.65B | 39.9% | $2.36B | 35.5% |
| 2022 | $11.19B | +71.1% | $5.89B | 52.7% | $5.60B | 50.1% |
| 2021 | $6.54B | +58.5% | $2.36B | 36.1% | $2.14B | 32.7% |
| 2020 | $4.12B | -10.2% | $834.0M | 20.2% | $628.0M | 15.2% |
| 2019 | $4.59B | +3.6% | $1.18B | 25.8% | $945.0M | 20.6% |
| 2018 | $4.43B | +7.2% | $906.0M | 20.5% | $694.0M | 15.7% |
| 2017 | $4.13B | +12.1% | $521.0M | 12.6% | $330.0M | 8.0% |
| 2016 | $3.69B | -14.5% | $713.0M | 19.3% | $539.0M | 14.6% |
Full CF Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See CF's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs CF Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare CF vs LIN
Side-by-side business, growth, and profitability comparison vs Linde plc.
Start ComparisonCF — Frequently Asked Questions
Quick answers to the most common questions about buying CF stock.
Is CF's revenue growth accelerating or slowing?
CF revenue is accelerating at +19.4% year-over-year, exceeding the 5-year CAGR of +11.4%. TTM revenue reached $7.4B. Growth momentum has increased versus prior periods.
What is CF's long-term revenue growth rate?
CF Industries Holdings, Inc.'s 5-year revenue CAGR of +11.4% reflects the sustained expansion pattern. Current YoY growth of +19.4% is above this long-term average.
How is CF's revenue distributed by segment?
CF reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.